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Dragon Riders GBP/JPY

  • #16,261
  • Apr 11, 2016 4:48pm Apr 11, 2016 4:48pm
Quoting Geppy
btw, I once had a broker that closed the daily candle at midnight my time... how weird is that? I'm glad I didn't follow their charts for my analysis!
It is not so unusual ... my broker also has this, I use different charts for analysis ... but their execution and spreads are awesome, and actually what do you need more than buy and sell and reliable execution on your platform? I can do my analysis at home ...
Fix up, trade sharp ...
  • #16,262
  • Apr 11, 2016 4:48pm Apr 11, 2016 4:48pm
Quoting alexpi
{quote} I wouldn't be surprised to see a break of the 155.3/4 as it will frenzy 2 parts of the market - heavy shorters at 154.5/6 and those with high shorts who got stopped out. Of course, will add to the fuel of bulls as well.
Guess that's me the short added at 154.5, this could go higher , push higher Bulls
  • #16,263
  • Apr 11, 2016 6:39pm Apr 11, 2016 6:39pm
number 742 wants to sell.....looks like
  • #16,264
  • Apr 11, 2016 7:53pm Apr 11, 2016 7:53pm
look at the angle of that trend line , could almost frame it probably the best in the market. My call on this is if it doesn't break the trend line and run away from 154 today this is heading back down to 151.50 and a second leg down.
Attached Image
  • #16,265
  • Apr 11, 2016 8:09pm Apr 11, 2016 8:09pm
Quoting Pip-Miner
look at the angle of that trend line , could almost frame it probably the best in the market. My call on this is if it doesn't break the trend line and run away from 154 today this is heading back down to 151.50 and a second leg down. {image}
I agree I think we will find out in the London session.
  • #16,266
  • Apr 11, 2016 10:01pm Apr 11, 2016 10:01pm
Quoting Pip-Miner
look at the angle of that trend line , could almost frame it probably the best in the market. My call on this is if it doesn't break the trend line and run away from 154 today this is heading back down to 151.50 and a second leg down. {image}
hello pip miner, is that a support and resistance indicator on your chart?
can you share
  • #16,267
  • Apr 11, 2016 10:36pm Apr 11, 2016 10:36pm
Quoting jajano
{quote} hello pip miner, is that a support and resistance indicator on your chart? can you share
yes paid for it from point zero on mql4 . im sure you can find plenty on the internet for free.
  • #16,268
  • Apr 11, 2016 11:19pm Apr 11, 2016 11:19pm
Gurus are now talking about further strength of the yen. Time to do the opposite?

https://www.efxnews.com/story/32552/...morgan-stanley

Salesmen wants to pass on the bag and take profit.

Amazing how they made it sound so intelligent and convincing.
  • #16,269
  • Edited 11:58pm Apr 11, 2016 11:43pm | Edited 11:58pm
when GURUs say short time I will follow my chart to long .
Exits == most important part of your strategy
  • #16,270
  • Apr 12, 2016 12:29am Apr 12, 2016 12:29am
AU and NU both broke patterns so big waste of time....yea
EJ looking extra nice to me. CJ and GJ broke north on the 8th but EJ seemed to lag behind and consolidate. Anyways looks like risk on across the board so
Attached Image (click to enlarge)
Click to Enlarge Name: EJ.png Size: 94 KB
  • #16,271
  • Apr 12, 2016 1:21am Apr 12, 2016 1:21am
Looks like break of yesterday's high 154.45 is a sure thing...
When in doubt, HEDGE
  • #16,272
  • Apr 12, 2016 1:47am Apr 12, 2016 1:47am
there it is. careful with longs now
  • #16,273
  • Apr 12, 2016 1:52am Apr 12, 2016 1:52am
when it turns I'll sell it for medium term
  • #16,274
  • Apr 12, 2016 1:57am Apr 12, 2016 1:57am
Bounced off the Pivot
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 25 KB
  • #16,275
  • Apr 12, 2016 2:04am Apr 12, 2016 2:04am
my plan is before selling I'm waiting for the rest of the majors to finish getting to the turning zone and UJ at the least. imo UJ still has at least 50 pips left to go and id like to see 109 idealy. Im not sure anything will move without UJ finishing. IF it gets there of course. who knows though....tricky times
  • #16,276
  • Apr 12, 2016 2:28am Apr 12, 2016 2:28am
Quoting raiders
there it is. careful with longs now
Personally flat from 154.3 on, gonna wait to see how it develops today
  • #16,277
  • Apr 12, 2016 2:37am Apr 12, 2016 2:37am
Quoting alexpi
{quote} Personally flat from 154.3 on, gonna wait to see how it develops today
no doubt about it. Got flat on EJ when GJ hit my mark. I'm staying up to catch the cpi news and see if I can maybe scalp a quickie but if theres nothing then I'm going to sleep. had a long day and i think pairs need to finish moves and get in position for the next leg. EU, GU and UJ i think all need to go up a little more then BOOM finish the week with a bang
  • #16,278
  • Apr 12, 2016 2:37am Apr 12, 2016 2:37am
a little short taken 154,45 SL 5 pips green
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYmicroH1.png Size: 54 KB
donīt follow me,you will loose your moneyy
  • #16,279
  • Apr 12, 2016 2:59am Apr 12, 2016 2:59am
Quoting raiders
{quote} no doubt about it. Got flat on EJ when GJ hit my mark. I'm staying up to catch the cpi news and see if I can maybe scalp a quickie but if theres nothing then I'm going to sleep. had a long day and i think pairs need to finish moves and get in position for the next leg. EU, GU and UJ i think all need to go up a little more then BOOM finish the week with a bang
Just take care, don't prime yourself too much mate, you should know what that sets up for
  • #16,280
  • Apr 12, 2016 3:04am Apr 12, 2016 3:04am
Quoting teatime
a little short taken 154,45 SL 5 pips green {image}
closed with 10 pips ,waiting for news
donīt follow me,you will loose your moneyy
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